Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Australia: Retail sales up 0.4 percent in November.
- Japan: Eco-watchers’ survey outlook index declined 2.7 points to 48.5 in December, and current condition index declined 3 points to 48.
Upcoming:
- Spain: November industrial output report will be released at 8:00 GMT.
- Italy: November Industrial report will be released at 9:00 GMT.
- United Kingdom: Manufacturing and industrial production report will be released at 9:30 GMT, along with November GDP report, and trade balance.
- United States: CPI inflation report will be released at 13:30 GMT.
